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  • sharad asked on 16 Mar 2021
    Q.

    Please explain Scrape policy of Wagon R LXi model.

    • Cardekho experts
    • on 16 Mar 2021

    The government has finally given the much-awaited nod to the scrappage policy. As per the policy, private cars that are older than 20 years and declared unfit/polluting, will be scrapped. For commercial vehicles, the age is up to 15 years. Besides the environmental benefits, it will also benefit automakers as they would see an increase in sales. Speaking about the new policy, the President of FADA, Vinkesh Gulati, explained, “If we take 1990 as the base year, there are approximately 37L CVs and 52L PVs eligible for voluntary scrappage. As an estimate, 10 percent of CVs and 5 percent of PVs may still be plying on the road. We still need to see the fine prints to access the kind of incentives that will be on offer and thus have a positive effect on retail.Read More - Scrap Your Old Car.

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